Verizon delivers strong wireless service revenue and broadband subscriber growth in Q2

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Go back to Verizon delivers strong wireless service revenue and broadband subscriber growth in Q2

RBC Capital Reiterates Sector Perform Rating on Verizon Communications (VZ)

July 23, 2024 6:08 AM EDT

RBC Capital analyst Kutgun Maral reiterated a Sector Perform rating and $42.00 price target on Verizon Communications (NYSE: VZ).

The analyst comments "2Q revenues and EBITDA were in line with consensus, while FCF delivered a beat on the timing of capex. However, postpaid... More

Verizon Communications (VZ) Reports In-Line Q2 EPS

July 22, 2024 7:01 AM EDT

Verizon Communications (NYSE: VZ) reported Q2 EPS of $1.15, in-line with the analyst estimate of $1.15. Revenue for the quarter came in at $32.8 billion versus the consensus estimate of $33.05 billion.

GUIDANCE:

Verizon Communications sees FY2024 EPS of $4.50-$4.70, versus the consensus of... More